Wednesday, June 13, 2012

Occupy Our Homes saves foreclosures

"The group also aided a Detroit husband and wife who
spent months worrying they could be evicted from their home of
twenty-two years. The couple received news they would be permitted to
stay after an aggressive campaign that was led by members of Moratorium
Now, Occupy Detroit and Homes Before Banks and included the family’s
supporters blocking the contractor from placing the dumpster.

Additionally, Occupy Atlanta prevented
the eviction of a family when two dozen protesters encamped on the
family’s lawn, and Occupy Our Homes delayed another foreclosure in Rochester, as did Occupy Cleveland in November."

Why do banks so aggressively foreclose? It turns them into homeowners, which is not how this is supposed to work. Then the banks are responsible for upkeep. why not RENT the home to the previous homeowners if nothing else? Or renegotiate a tad to at least save some mortgages.